COVID-19 INFORMATION What you need to know about the coronavirus if you are living in Japan or planning a visit.
business

Australia warned mining boom could end in two years

4 Comments

The requested article has expired, and is no longer available. Any related articles, and user comments are shown below.

© 2012 AFP

©2020 GPlusMedia Inc.

4 Comments
Login to comment

Could be good if it inspires the Govt to stop just digging it out the ground and sending some where else instead of using it to make something more valuable and kindling industry and intellectual property etc. Keep digging and Oz will look like a big swimming pool in years to come.

0 ( +0 / -0 )

Aus may have weathered 2008 relatively unscathed, but with the looming global slowdown, even the resource-rich economies will take a much bigger hit. As BRIC countries reduce their productions and raw material demand is reduced, those commodity prices will fall and tax revenues will shrink.

0 ( +0 / -0 )

Due to easing demand from China and falling prices"

How dare the Chinese ease demand! Falling prices? This reminds me of a Star Trek 2 scene:

Joachim: Our shields are dropping!

Khan: Then raise them!

Joachim: I can't!

-1 ( +0 / -1 )

It's just a economical cycle, up and down.

0 ( +0 / -0 )

Login to leave a comment

Facebook users

Use your Facebook account to login or register with JapanToday. By doing so, you will also receive an email inviting you to receive our news alerts.

Facebook Connect

Login with your JapanToday account

User registration

Articles, Offers & Useful Resources

A mix of what's trending on our other sites